The Warner sun. (Warner, Brown Co., Dakota [S.D.]) 1885-1???, 1887-12-16
A VERY UNIQUE MESSAGE
President CleveIand's Annual Essay
to Congress Happily and Unex-
pectedly Brick
No Topic Is Discussed Aside from The
Question Of the
Tariff.
A Reduction Of tho Treasury Surplus
Urged with All the Force of
Earnest Argument.
The Removal or Material Lessening
of the Duty on Wool Is Recon-
mended.
Congress Referred to the Department
Reports for an Account of Gov
eminent Operations.
PRESENTED BY GROVER.

The Presidents Message Devoted Exclu-
sively 10 the Tariff QuestiOn-A Reduction
of the Surplus Urgently Urged.
To the Congress of the United States: You
are confronted at the threshold of your leg
.islative duties with q condition of the ma
tional inauces which imperatively demands
immediate and careful consideration The
amount of money annually exacted, through
the operation of present laws, from the in
dustries and necessities OF the people largely
exceeds the sum necessary to meet the ex-
penses Of the government When we con-
slider hat the theory Of our institutions
guarantee to every citizen the full enjoy
ment of all the fruits of his industry and en-
terprise, with only such deduction as may
be his share towards the careful and eoonom-
ical maintenance of the government which
protects him. it is plain that the exaction of
more than this is indefensible extOTtion and
a culpable betrayal of American fairness and
justice, This wrong inflicted upon those
who bear the burden of national taxation,
like other wrongs. multiplies q brood of evil
consequences The public treasury, which
shout only exist as a conduit con-
veying the peoples tribute to it's le-
climate objects OF expenditure, be-
comes a boarding place for money need
lessly withdrawn from trade and the peo-
pies use, thus crippling our. national ener-
gies. s~uspending our countrY's develop
ment, preventing investment In productive
enterprise, threatening financial disturb.
ance and inviting schemes Of public plumber.
This condition of our treasury is not alto
gether new; and it has more than once q,
late been submitted TO the peoples rspre-
sentatiYes ia the congress, who done ran
apply q remedy. Aad vet the situation agll
continues, with aggravated incidents, more
than ever uresagtng financial CONFUSION
and widespread disaster It viii not do to
neglect this situation because It's dangers are
not now palpably imminent and apparent
They exist none the less certainly, and await
the unforeseen and unexpected occasion,
when suddenly they VIII be precTpitated
upon MS On June so, 1855. the excess of
over public expenditures after
complying with the annual requirement. of
the sinking fund act. was $17.S59.7358 81.
during the year ended june 80. 1886, such
excess amounted 70 $49:405, 30 20; and
reached 55.567, $40 So The annual con
tributioas 10
TIE SINKING FUED
during the three years above specified,
amounting in the aggregate to 813S.-
05832094, and deducted from the
surplus as stated. were made By
GAAA4AE ~ IL 4OL b1AI UuIDOS1 OUT
standing 3 per cent bonds Of the govern
meut During the six months prior to june
80. 1885,. the surplus revenue had grown so
large By repeated Accommodations, and it was
feared the withdrawal q this great sum of
mopeY needed by the people you'd so affect
the business Of the country, that $40, S64.-
100 Of such surplus was applied to the paw
.ment OF the principal and interest Of the s
per cent bonds still outstanding. and which
were then payable az the option Of the gov
ernment The urecarious condition Of
financial affairs among the people still need
ing relief, immediately after June 80. 1887
the Eema;picr u tle , per ceHt bonds then
outstanding, amounting with principal and
interest TO $lS.S77, 900. was called ia and
applied to the ~sinkinE-fund contribution for
the current fiscal year Notwithstanding
these operations Of the treasury department
representations Of distress in business cir,
Giles not only continued but increased. and
absolute peril seemed at hand. In these cir
cumstaNcee the contribution TO the sinking
fund tor toe current fiscal year WINS at once
completed by the expenditure Of $27. 684.-
$3.50 IN the purchase OF government bonds
not yet due bearingA and41o per cent fneer-
eNt, the premium paid thereon averaging
about IA per cen for the former and s
per cent Cor the latter. In addition
To this the interest accruin0 dnrinv
ed Indebtedness Of the government was to
some extent anticipated. and banks kelected
ae Repositories 81 public moneyswere per-
nsitted % sompwhas increase their deposits.
While the expediente thus employed to re-
lease 70 the people the money lying idle Ia
the treasury served 10 avert Immediate dan
key. Our surplus revenues have continued to
aocumplate, the excess FOR the n9eeent wear
amounting on Dec 4 to 800 25S.7O1. IL.
and estimated 70 reach $ia3,000.000 On
june 80 u at which date Il Is expected
that this sum. added to prior Recommendations,
will eHFell gaS surplus ii the treasury 10
&I4O.OO0O00 There seefae IL be no aesnr-
Rnce that. with such d withdrawal from use
'of the peoples circulating medium. our
business community many not u, the near III
tpFe be subi6cted to the same distress which
was quite i4Iay produced from the same
caltGa And Wide the Functions Of, our ma
treasury should be few and simple
AND while ITS hest condition would bo
Fekched Ibelieee. ~ is entire d~isconnec4
zion with private business Interests. set.
when by q pefVefsion pk It's purposes. It idly
h0lda
M0Nfx usRLEsLK HuH1HAcriD
Lord the c6Annels Of trade there seems 10